 | View: India's sleepwalking to trouble on builder debt
Predicting the bursting of China's bubble is a global pastime now. But the risks building up in India can no longer be ignored.
Real estate in India is facing a glut, with $110 billion worth of unsold homes across the top eight markets, including Mumbai. That's almost four years of sales, according to property analytics firm Liases Foras. Back in 2009, when apartment inventory was equal to about one year of sales, only 25 per cent of construction funding came from shadow financiers. Banks controlled 75 per cent.
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|  | 15 Hottest Start-ups from Hyderabad to Watch Out For
From an ecosystem that inspired development and mentorship through incubation centres and academic cells to launching the pearls that are today leading various industries, Hyderabad is at the helm of India's entrepreneurial ecosystem
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|  | Four Indian radio legends recall the time when newsreaders moved people to tears, not war
For Ramanuj Prasad Singh, Vinod Kashyap and others, newsreading was a solemn profession, one that didn't lend itself to dramatisation.
One of the most memorable broadcasts in the history of radio in India remains Melville de Mellow's marathon seven-hour live radio commentary on the funeral procession of Mahatma Gandhi on January 31, 1948. His baritone captured the grief of an entire nation as he simply, yet poignantly, described the scenes unfolding in front of him.
"In the room, the scene was heartrending," said de Mellow, his voice sombre. "The walls were white, the room was simply furnished... but these blue carpets contrasted with the white mattress upon which lay Mahatmaji."
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|  | The Israeli example that may help India put ISI-backed jihadists on the back foot
Israel has often been held up as a case study for anti-terror operations. The Israeli military, intelligence apparatus and broader security establishment have used every tool in the book over the past 71 years to counter, harass and intimidate their adversaries and gain the upper hand. India could learn much from Israel. But, first, it has to change its attitude and approach. The ambivalence, the blow-hot-blow-cold approach that has characterised Indian policymakers, has to end.
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